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's the special pinsz that will help prevent energy efficient upgrade and a spreading e spraifd the cost recovery over the life the unit. it will help to finance upgrades through the property assessment and the capita will be priority by private entities would no financial risk to our at the center everyday we're here fortunately in lieu of to witness the clean up air energy economy we know this could trigger a market transformation for the evolution we're witnessing but in order to unleash the potential we must provide the cat lift for a are you unnecessarily product and services. that catalyst as i mentioned it green finance sf. we've seen other parts of the state here in california that have adapted pace programs like in riverside county and have each year the positive impacts. we know the stories of individual that have benefited from the pace programs. we know those upgrades can save money for crucial home improvement projects but illuminate bills. in the future it was important for mayor ed lee and i to make sure this finance had a strong workforce component. we had meetings with our partne
residents to finance the energy and renewal capital improvement improvement and take other action necessary thereof. >> thank you mr. clerk. this item colleagues is a resolution i introduced and sponsored with the mayor with the revitaltation of greenfinancesf and that we support the office of the department and to take the appropriate steps to get greenfinancesf up and running. i want to thank all my cosponsors for their cosponsorship. in particular i want to thank supervisor mar for his early leadership on the issue. when the program was first put for thed and stalled in 2010 and with ground work with stakeholders from all of the communities and last tuesday the mayor and i announced to kick start greenfinancesf and continue san francisco's tradition of combating climate change, push out city down the path of reducing greenhouse gas emission goals and put san franciscans to in the neighborhoods and finance projects in their home. this program for residential properties of our units or less is referred to as pace so financing structure that will enable san francisco at no cost to the c
hetchy regional water system. with also generate clean renewable energy for city services like public buses, hospitals, schools, and much more. and finally, we collect and treat all the city's wastewater and stormwater making it safe enough to discharge into the san francisco bay and pacific ocean. >> in 2006 the puc was planning a record number of projects. >> the public utilities commission is a very infrastructure-rich organization. we're out there rebuilding the water system. we've budget working on power generation in the country. we've been doing sewer for the city. we're looking at a brand-new rebuild of all watt systems in san francisco and we haven't had a home that's been other than mental. >> they staff over 900 people. the puc is in two office locations. >> you know, this is such a great place for a building. if the puc owned that building and we could make that the icon i can sustainable building puc represents, wouldn't be a dramatic idea? >> so, one of the major decisions we made was we wanted to make a statement with this building. we wanted this building to be a lead
need to really think about how we engage multiple family housing with renewable energy stuff. as the folks in the court said we have a number of that housing when it gets r5789d they get those huge tax loans can be ramgdz and much of the affordable housing open hunters point hill hazed begun thorough those renovation so definitely we have to think about how we crack most of the stuff we deal with is houses but we haven't figured out how to deal with multiple housing yet. and i think this is really the best ways to a learn by reaching anti them in the community. i hope we can reach out to other folks and have more meetings outside of city hall. it's fairly mulch to learn a lot of parpz and i hope to continue to partner >> just two items i wanted to thank the viral staff who helped to plan this is set up it takes a lot of energy to do this outside of city hall thank you to geronimo. i want to say this as part of the commissioners report new business the san francisco climate action strategy is complete it's hot off the presses. yes. role role huge congratulations to the staff
to the way the changing landscape of energy in america, with this low price natural gas we see a transformation from coal to natural gas. .. >> they have an overcapacity of electricity this europe, and as a result, they have a very low wholesale prices, which is good. but their residential rates and their manufacturing rates are the highest in the world because of renewable surcharges. and so what's happening over there is they're trying to make this transition too quickly, in my view, and that's what people are trying to do in america as well. but what's happening over there is that the utilities, the base load utilities have lost like $800 million in market valuation over the last 15 months or so. and so as you go to renewables and you try to, you have to place more emphasis on distribution at the local levels, there's not enough capital this in the utility industry -- in the utility industry there to meet those needs. and so they have a real conflict in europe right now. and interestingly enough, they've mothballed 30 gigawatts of plants producing electricity from natural ga
. >> the house energy and commerce subcommittee on energy and power held a hearing yesterday on the federal energy regulatory commission's role and authority. acting chairman cheryl lafleur is set to testify a long with the commission's three commissioners. this hearing lasted a little over two hours. >> i would like to call hearing to order this morning. we are going to be evaluating the role of ferc and a changing energy landscape, and i'm delighted that the commissioners at ferc are with us today. we appreciate very much you being here. i certainly initiative would like to congratulate cheryl lafleur who has been appointed the acting director of ferc, and i enjoyed our meeting yesterday, ms. lafleur, and we look forward to working with you on many issues facing our country as we adjust to this changing landscape that we all are very much involved in. i would say that i think that transcending issue that certainly encompasses everything we're talking about today does relate to the way the changing landscape of energy in america. with this low price natural gas, we see a transformation fro
to testify. as i acknowledged there is a significant change occurring on the energy landscape. the operation in america has experienced only a modest incremental change over the last decades yet in recent years the development of new technology is bringing much more rapid change to the system that can't be disruptive. i think embracing these changes will allow a much more efficient utilization of energy resources. the challenge before us is to enable the system to be more efficient through the utilization of technology and foster the development of a diverse set of competitive energy resources while at the same time and sure we have the power and reasonable rates for consumers. as a result of the technology we are experiencing a supply of natural gas and resulting gas prices at the lowest since 2002. this is changing the economics of electric generation resulting the retirement of older and less efficient units and most recently some nuclear plants. the generation being built is primarily combined gas plants, wind and solar generation. this appears likely to continue. driven by a significant
that renewable energy would save energy but the opposite seems to be true. >> yes, the problem is that renewable energy, wind and solar, it is more expensive and right now they are producing about 5% of our electricity. well as coal reduces about 40%. natural gas and oil produces a substantial amount also. so here the government is trying to get us to switch to a more expensive fuel and at the same time, one that is difficult to store with wind and solar. gerri: we know it is more expensive, we are paying for them and the taxpayers are paying for all of this, either through tax breaks or the green energy companies or other kinds of write-offs. but at the end of the day, why can the grid not handle it? what is a technical issue? >> it is difficult. they turn and they create energy, it is difficult to get that energy over to the coast and we generate a lot of wind energy in the country. and it's difficult to get overlooked where it's needed. and once you start trying to get it out elsewhere, it is a little bit more difficult. but the big problem is that the wind is heavily subsidized and it's more
to light over iran's influentialing program. plus the energy drink business is exploding with little regulation. we will hear from a doctor whose new study is adding to growing concerns about the drinks' safety. >>> can you live your life paying for everything by only using online currency? we will be joined by a couple who live in -- or who lived in the brave new world of bitcoin banking. >>> hello. i am antonio mora. we begin with outrageous hospital bills. the mysterious methods hospitals use often puzzle experts. how can it cost one person in california $1,500 to get stitches when the person next to them is charged $500 more and the same treatment in florida could cost over $3,000? as al jazeera's janet tuboni reports, higher costs do not necessarily equal better care. renewing a long-standing debate over how hospitals determine prices. >> hospital costs have americans fed up with the system. >> i think insurance companies and hospitals and healthcare in general are really over the top >> reporter: some even say they would circumvent care before paying. >> if you were going to g
of the country on the leadership of his majesty the king alternate sources of energy will become a necessity in the next twenty to thirty years long known scientists from around the world one is of international prizes of global energy attended the global energy price summer two thousand thirteen the summer has started in brussels at the sight of the european parliament the scientists forecast that energy shortages may become a more serious problem in the future of global warming experts believe that the peak of oil production in the world reached by two thousand thirty the energy resources of eurasia in america will come to an end by two thousand sixty scientists emphasize today that is strategically important for countries to rely on the development plans until two thousand fifty like that. the two miles at which the credit. i think this is right i initiated the russian energy strategy should be developed into two thousand twenty i think it is necessary to think for another twenty years ahead from this perspective i believe that kazakhstan sets an appropriate period of time for realization
of credit is right, but the government capping energy bills is communism? >> i feel like one of those radio hosts who say, "and your complaint is, caller, exactly?" we are taking action, but they did not. we are doing the right thing. he should stand up and congratulate us. he wants to turn to energy, so let me turn specifically to that. the point is, we do not have control of the international price of gas, so we need more competition to get profits down and roll back the costs of regulation to get prices down. that is a proper energy policy. we know his version of intervention -- take money off the co-op and don't ask any questions. >> here is the reality. this is not a minor policy adjustment -- it is an intellectual collapse of the government's position. for two months, they have been saying that if we take action to intervene in markets, it is back to the 1970's, it is marxism, but now they realise that they are on the wrong side of public opinion. that is the reality. on energy, the prime minister must realise -- >> order. we will get through question time, however long it takes. i ap
resident in mcthis a reality. we supported several energy efficiency and energy projects we funded over one hundred solar installations in the bayview area. we supported green jobs along with the garden jobs we fund we supported some capital improvements for example, 11 years ago we funded the bayview community advocates and for solar training and their training of the now house it was a model house that have the parked next to at&t baseball park and when it was done, it was put on a barge and is at alice griffith used as a community center. so when i come here for meetings i i know that bayview residents help build that center. we have the ecosystem it's been complete and recently received certificati certification. thank you (clapping) we've shg hard to reduce the toxic containment. we have a bio fuse in the neighborhood and currently we're moving into the world of pests and trying to reduce the pesticides. my partner in the e j program is training tenants with the housing arthur on how to reduce pesticides. we're working now on identifying the sites in the neighborhood so we can include
policy and rising energy prices. as the session began, the deputy prime minister offered condolences to those who died in a helicopter crash in glasgow. this is about 35 minutes. >> order, questions for the prime minister, julie elliott. asked to apply -- i have been asked to apply -- as i was saying, i have been asked to reply on behalf of my rifle friend, the prime minister, who has been visiting china. the whole house wishes to join me in offering condolences to the family and friends of those who have been killed following the helicopter crashed in glasgow on friday evening. our thoughts also with those who are injured at this difficult time. yesterday andsite i would like to pay tribute on behalf of the whole house to the outstanding response and bravery of all the emergency services involved in what were extremely demanding circumstances. this morning, i had a meeting with my ministerial colleagues and others. i shall have further such meetings later today. >> may i associate myself with the comments made by the deputy prime minister after the very tragic events in glasgow. und
wallet? i need your timesheets, larry! where does the uted states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. ♪ lou: obama administration officials report more progress with healthcare.gov. they now say that the site fails just about 10 percent of the time. back in october that failure rate was 25%. government officials also say over three and a half million consumers visited the site from midnight sunday antonin today, but the obama administration still will not tell us what the november enrollment numbers are or how many people actually have insurance. insurers are still complaining that the healthcare applications that th
commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other ace in the world. in fact, we' invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. just by talking to a helmet. it grabbed the patient's record before we even picked himp. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. it even pulled strings with the stoplights. my ambulance talks with smoke alarms and pilots and adiums. but, of course, 's a good listener too. [ female announcer ] today cisco is connecting the internet of everything. so everything works like neverefore. dennis: the jobs market seems to be going in the right direction of that will it allow jobless benits anyway? we have christopher dodd and jaundice and do you feel based on today's numbers it was a key jobs report that first of all, to start with men of wage? raised the minimum wage? >> no reason why people who work
may have to continue to rely on nuclear energies that a cheap option to keep the economic engine running. ron madison is here with more. >> japanese government officials drafted a basic energy policy. it says the country will maintain nuclear power generation as an important base source of electricity. the draft has been presented to the industry ministries a's energy policy panel. it says japan needs to reduce its reliance on nuclear energy as much as possible but that does go on to say the country will continue nuclear power generation as long as the safety of power plants is ensured. it notes that nuclear power allows the steady supply of electricity at a lower cost and without aggravating climate change. the draft represents a major shift from a policy drawn up last year by the government of the democratic policy, the policy aimed at ending nuclear power generation in the 2030s t came after the 2011 nuclear accident at the fukushima daiichi plant. all nuclear reactor plants in japan are currently offline. the new policy contains no mention of a plan to rebuild a nuclear power
, in transportation, energy extraction and so on. i hope rick will be pleased to hear that i'm not blaming this entirely on president obama. >> well, on theother hand, mike, president obama's solution to all this and they're saying it in europe, the imf is saying it, is to have this global wealth tax, to tax the rich more, to bring the rich down, that will help income disparity. what do you think of that plan? >> as we've seen under president obama, david, the exact opposite happens. one of the areas where obama has really hurt the economy is with small businesses. his investment tax increase really hurts small business. it went from 35% to 43% on passive income. this really is an usual. during expansions y typically see new business startups accelerate. this is the only recovery i've seen back the 1930s where new business startups have flat lined. when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be spent, invested into new businesses. that's the genesis of economic growth. capital investments. >> while small businesse
us install over 1 point and 64 solar pages it's $3.3 million in energy savings that 26 thousands of hours of job training and over 10 thousand emissions prevented in the environment. we provided the largest solar providing 13 homeowners where over 3 kilowatts in one day. i'd receive called if homeowners saying they've got a 24 hour notice their bill is do you in one day they're making decisions to pay the bills or eat. this is helping the east side they no longer have to worry about co-op their their lights on. a grandmother received the solar panel and she went to school and kathy her class on this magical system that went on her grandmothers roof. it sits outside and the convert tells him how much their saving. her solar system sleeps in the evening she said and wamdz in the morning. solar panels are roll out of reach for 26 thousand i don't have that money. necessary e my parents were the receipts and they have thousand dollar bills now that my mother is enabled their bills are 2 hundred and something a year. they have ongoing medical equipment for health and safety. so those
replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energy efficiency could help americans save $300 billion each year. take the energy quiz. energy lives here. medicare open enrollment. of year again. take the energy quiz. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare >>> welcome back. in "crossfire" tonight, bill burton and bob ehrlich. here is something to consider much the next time you see a headline asking, can obama recover? as the national journal points out. that exact headline showed up in 2008 during the primaries, and in 2009 during the health care fight. and in 2010 after scott brown won that victory in mike galanos. after the bp oil spill, and during the 2011 bad economic
:30 eastern the house energy and commerce committee hears from members of the federal energy regulatory commission. and later at 1:15 eastern, senator patrick leahy delivers remarks on civil liberties and national security. >>> unemployment insurance benefits are set to expire on december 28th. today, the democratic steering committee holds a hearing on what that would mean for close to 1.3 million people. you can see it live at 10:30 a.m. eastern on c-span3. >> friday on c-span, "washington journal" looks at the mission and role of the national institutes of health. starting live at 7:30 eastern with director francis collins on their medical research priorities, future projects and the impact of sequestration. at 8, allergy and infectious diseases director anthony fauci followed at 8:30 by eric green, director of the national human genome research institute. at 9, national cancer institute director harold very mis, and at 9:30, director thomas insole, all with your calls and comments live on c-span. >> as you walk in, there are tables out in front with lots of pamphlets, right? you kno
, not where it is. >> where it is going to be is in the energy sector, the performance last month with the rest of the s&p. as a group by thing today has stocks like marathon petroleum being upgraded. stocks announcing that they will create a master limited partnership. a friend across the street. that's all the traits and manages money in master limited. prefer not talk about them because they like the fact that they're under covered. energy stocks is what he says. you go for it. cme. what are they talking about will be the next opportunity? >> everyone here is really looking for interest rates because they will be the key. this is a big week for central banks. the bank of england, ecb, australia, canada, mexico, making great decisions. that will have a potential impact. right now our ten year yield is pushing. they are getting nervous. obviously everyone is looking forward to the friday number because that will be the driver for our central bank. liz: we talked about how we will not see things like margin calls with gyrates the market until we start to see higher rates. people b
the atomic energy authorities, and the u.s. alerted others that it may try to make its way into the united states. part of the warning was if anybody came in contact with it. but of course, another part of the worry is that maybe somebody did it on purpose. maybe somebody might realize what they have. or they stole it knowing what they were looking for because they wanted to get their hands on something highly radioactive. american officials told msnbc news that the thieves were not specifically looking for materials with which they could build a dirty bomb. now the authorities said the materials in the case may not just make an effective bomb because it would just blow up in the explosion, instead of dispersing anywhere. they his told msnbc that anybody handling this would probably make themselves very sick or hurt in the process of doing so and maybe they wouldn't be fit in making a bomb. the mexican officials said they believed the thieves were just after the cargo truck itself and the neat mounted crane on the back of the truck in the cab. thieves find these irresistible, and they get
having a bad year. or we can use the energy companies on the other end. i'm just going to postpone this paying income tax for a year. why? because i said so. or i will take this group and do something similar. rather than pay 38% of your just going to pay 20% for the next year. it seems to me that he has the authority to amend the taxes which the affordable healthcare tax is according to the supreme court what is to prevent him from just amending the any tax to his liking. mr. turley weigh in on this if you would. >> i have to agree first of all oon the remark about article on, as i said before it is true that they are all equal branches, but the framers spent most of their time on congress because it is something harder than the madisonian system. it's where the magic happens and that is to take those interests that the strike countries and turned them into a majoritarian compromise. when we get to the issue of taxes, that is one of the most divisive issues facing the country. so when someone comes before the congress and says i want my group to be excluded, it obviously produces
they are energy onll their opel. timing is everything. mustang in, chevrolet out. >> breaking on the same day. mark, thank you very much indeed. let's move on. maintaining momentum, george deliver a set to statement as britain but recovery strengthens. what do businesses want to hear from him? we are going to find out when we come back. ♪ >> welcome back to "the pulse" live from bloomberg television. >> we need to cover the markets now. jonathan ferro, over to you. words, dead flat. these markets right now, no action on the cac 40. the dax giving 1/10 of one percent. the ftse 100 giving us pretty much nothing after four days of losses. look at some of the levels. up 10% on the year. a little bit of cautiousness creeping in. -- not outsidete the realm of possibility that the fed could reduce stimulus. that debate will be strengthened by the payrolls number. bond market,t the the prospect of the fed buying less treasuries playing into higher u.s. treasury yields on the 10 year. 2.8%, that one near highs for the year. check out fx. look at the euro pound over the last early days. down against
spent and political energy spent to run fiscal issues in particular. the debt ceiling standoff, government shut down. ande are obviously symbolic the whitethe lack of house and congressional ability to get together to solve problems. also, this congress will apparently go down as the least productive in history in terms of passing new legislation. john boehner said that is fine. their primary focus is on of structuring and impeding. in their own republican words, that is a big part of what they hope is their legacy. [indiscernible] host: arkansas. good morning, faye. caller: wondering about this insurance, are there other countries that forced the fed is -- citizens to buy insurance, and are all insurance companies banks? the banks bought up a lot of insurance companies before this went into effect. >> we are spending 45 minutes on the subject of affordable care act next, but scott wilson, if there's anything you want to say on that subject? >> there are other countries that have government programs that ensure their citizens -- insure their citizens. >> we have been talking ab
, so that they can work in the clean energy field or in other fields because they have gotten the skills that are necessary in terms of hard and soft skills in terms of working so this is a really great opportunity for san francisco to be a leader and do the right thing, so thank you very much and i am looking forward to participating in it. >> thank you. much appreciated. supervisor mar any comments or questions? to all the speakers if you have any other comments and again mr. chin or commissioner arsy if you want to come back up and any other questions or comments otherwise we will wrap it up. >> thanks supervisor. just one thing i wanted to say and you mentioned city build on the work force side we are exciting about city build and the role pat mulligan can play and the department of the environment and we have them here and there is capacity and infrastructure with cal and rich at the department to be really supportive so i wanted to add that component and everything is set and ready to go and we're excited about the potential moving forward with the program. >> supervi
things. >> no, they're not. they're energy job, they're rural jobs, farm jobs. >> the biggest thing you can do to create jobs, whether you're a republican or democrat, and this has been true throughout centuries, is for the government to be smaller and for the private sectoring to bigger. that means less regulation, not the monstrous expansion we have seen, and we just got the tip of the iceberg there. >> wait, wait, wait. wait a second. >> more taxes, less spending, and same -- >> the administration -- however -- >> i want to hear the governor here. >> it's down to pre-stimulus levels and heading in the right direction. >> despite obama. the sequester, by the way, is less than 1% of total federal spending. if we think this nation cannot tighten its belt, then we should give up. >> david, go ahead and get in here. >> what you have recited as the way to go forward is what we have done for the past 30 years, which is cut taxes on the wealthy, cut regulations on business, and it's proven to be a failure. that's where the direction -- that's why you've been so opposed to the president's pla
their promises. >> the prime minister is very keen to encourage energy users to switch providers to get the best tariff. why has it been so difficult over the past three years to switch mobile phone providers? >> across all the utilities, we want it to be easier for people to switch. we have done that on banks. it is now easier to switch bank accounts because of the hard work of the chancellor of the exchequer. it is now easier to switch energy providers because of the excellent work of the secretary of state for energy and climate change. it ought to be easier to switch with other utilities, that is an important bit of work that we are doing. >> the number of apprenticeships in cornwall has doubled since 2010, which is helping to create a stronger economy and a fairer society. will the prime minister meet me and a delegation of young people from cornwall to see how we can further promote these very worthwhile schemes? >> i am delighted with the news about the number of apprenticeships in cornwall. the government have made a major financial commitment to funding apprenticeships. that is making a
in particularly with unified areas in which will work in the future energy unit or ism environmental protection technology is was infrastructure and construction. stand in awe still among the forty three countries in the world have no access to an open sea before an agreement of the international road transportation of goods between the two countries is of great importance the shoes on cooperation in the field of manufacturing industries. i recall it all processing medicine education and technology transfer or discussed at a joint meeting of the business council the member item between the engineering union of context and in austria was signed at a meeting. listen to me mumble month. according to the spamalot of the graduates of elite universities will take part in internships and austria attn of equipment for processing of our poultry products in kazakhstan the equipment for manufacture of sausages day products cheeses and vegetable processing stung a little boy he put the book is supposed to be asked is that ideally industrialized the local snowfall and it looked so nice picture of us and the
, natural gas changed the outlook for energy independence in north america and chances are it's using technology. after a steep drop on earnings, is it time to fill up at a discount or is it full of hot air? all coming up on "mad money." >>> don't miss a second of "mad money," follow @jimcramer on twitter. have a question? tweet cramer, #madtweets and send an email to cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. ♪ i want to spread a little love this year ♪ [ male announcer ] this december, experience the gift of unsurpassed craftsmanship at the lexus december to remember sales event. some of the best offers of the year. this is the pursuit of perfection. some of the best offers of the year. every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor.
one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energy efficiency could help americans save $300 billion each year. take the energy quiz. energy lives here. guys... [ female announcer ] pillsbury cinnamon rolls, with cinnabon cinnamon, are an irresistible sunday morning idea. nothing calls them to the table faster. make breakfast pop! >>> in a market where many stocks have run up so much, we're always on the lookout for laggard and losers. it's time for speculation friday. i got a serious comeback play for you to consider. i'm talking about mcdermott, symbol is mdr. mcdermott is a construction firm building offshore oil and gas facilities. the stock has lived up to the old name of murder because if you own mcdermott, you feel like someone has murdered your portfolio. the stock is down 28% for the year in a fantastic year. that is hideous! however, i wouldn't be talking about it unless i believed this ugly dog could be up to new tricks. the truth is thi
. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. lori: breaking news out of washington, straight to peter barnes with details and with a key member of the federal reserve is saying and how does influence in the market. peter: the president of st. louis federal reserve bank and a voting member of the fed policy is out saying he thinks the fed may want to consider a small taper of the $85 billion per month and quantitative bond purchases. to get started on winding down quantitative easing after five years here of that, $3 trillion later, let me give you his quote from a speech he just made, says a small taper might recognize labor market improvements while still providing the fed the opportunity to carefully monitor inflation during the first half of 2014 should inflation not return towards target, the 2% said target the committee could pause tapering a subsequent meetings but als
bulb wh a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is. 3 million homes. by 2030, investments in energy efficiency could help americans save $300 billion each year. take the energy quiz. energy lives here. she loves a lot of it's what you love about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for dly use helps you be ready anytime the moment's right. yocan be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms obph, like needing to frequently or urgently. tell your doctor aboutall l conditions and medications, and ask your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in bld pressure. do not drink alcoholin exc. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than 4 hours. if you have an
arrows, it moved to a four-day low, it's down 9%, and they're buying from every sector from energy to technology and industrials. liz: foresting to see that concern interesting to see that on the vixx there. it had touched 15 two days ago. now to peter barnes. peter? >> reporter: well, hey, liz. these numbers today are adding fuel to the taper talk with the fed potentially moving as soon as its next policy meeting on december 17th and 18th, just two weeks from now. i'll tell you what a couple of fed officials are saying about the numbers and tapering in just a couple of moments. liz: okay. let's get to our traders at the new york stock exchange, cme and nymex. for once the markets are reading a strong number as, oh, there goes all that stimulus to, wait a minute, this has got to be a good sign. second month in a row, right, keith? where we've had a surprise to the upside from the jobs numbers. why the difference today from just yesterday? >> it's actually interesting. i think yesterday and what we saw the week before has led people to think that december taper's going to come in. i
most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. you can fill that box and pay one flat rate. how naughty was he? oh boy... [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. >>> we've been in a really choppy moment for retail, especially apparel. so how is hpv, company you know as calvin klein, holding up in this environment? king of the dress shirts in department stores all over north america. back in february, pvh bought warnaco, bringing calvin klein jeans and underwear back under the same umbrella as the rest of the brand. pvh reported the close. and while the revenues came in a bit light, they delivered a 5-cent earnings beat. rather that raising it. maybe they're trying to be conservative. let's take a closer look, hear more about the quarter and where the company's headed. manny, welcome back to "mad money." >> nice to see you again, jim. >> are these the calvin klein jeans we're w
, the energy saved could light how many homes? 1 million? 2 million? 3 million? thenswer is. 3 million homes. by 2030, investments in energy efficiency could help americans save $300 billion each year. take the energy quiz. energy lives here. ♪ >> that's it? i found what i want for christm christmas, a keyboard for my iphone? is it as good a deal as it is. by the way the keyboard for the iphone is backed by ryan seacrest. clayton morris has the story coming up in a moment from now. look, we're off and running, it's friday morning, we've had a fairly strong jobs report. the market loves it and will you look at this? we're right in the trading session and we're going to go up about 100 points. before we show you that, here is-- yes, look, we're up 40, but going higher. here is scott shellady in chicago, i say a lot of people are saying it was a strong jobs report, are you buying it? >> i'm going to say it's better than expected. don't have employer exuberance. we have a couple of numbers to see for the rest of the economy. no, i'm waiting until the afternoon, we've seen a noon swoon the la
shipping with the reliability of fedex. where does the united states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. take the energy quiz. stick with innovation. stick with power. stick with technology. get the new flexcare platinum from philips sonicare and save now. philips sonicare. >>> welcome back to "squawk on the street." i'm sharon epperson. >>> natural gas, the best performing commodity today, a surge to a six-month high on the heating demand incurred from the icy/wintry weather we are seeing in new york across much of the northeast and the country. we are looking at a mixed picture in oil prices. both are lower but crude proved more significantly. we had german production numbers that were lackluster. also, we are seeing the premium of brent to wti come in significantly from where it was a week and a half ago or so. when you look at the commitment of traders reports, it does look like people are trimming their net long positio
for the japanese who are utterly energy independent. >> absolutely. there has been prosperity in that part of the world for 20 years in the united states military is helping to provide stability and regional world has been a force for good and that is a harsh reality. we have to stay focused working with our allies and we have to -anage this relationship and we cannot have the chinese pushing our allies around and pushing us around. lou: at least metaphorically, president obama dallas, at least with president vladimir putin, averting his eyes from the ukraine. in which it is behaving the current government, despite a popular protest and demonstration, it is behaving as a client state of russia. this administration and our government. >> we know for fact that the people do not want that in the ukraine. this alignment that he made with vladimir putin isn't going to be anything but a price to pay. but our stature in the world is the lowest it has been in probably 30 or 40 years, and people believe that we will disengage from a potential crisis after a war in iraq and afghanistan and they're t
've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five yrs - making bp america's largest energy investor. our commitment has never been stronger. neil: loss of wall street. the latest martin scorsese movie opening. it follows a very familiar formula. that is why it is expected not only to make big bucks, but to pick up a lot of academy awards. peter guber is with us on why this keeps working. >> we have a great platform. business news is entertainment. the media see is entertainment. and martin scorsese captured that. i wouldn't call it an antibusiness, but i would say it was like a crime movie in the business world and because of what it looks like, it looks like animal house more than a business film. and as such, i think it's going to appeal to a broader audience. neil: i do think it will have enormous appeals. and that just suits hollywood fine. >> i think that that is part of it. they are cashing in
calories. [ male announcer ] if we could see energy... what would we see? ♪ the billions of gallons of fuel that get us to work. ♪ we'd see all the electricity flowing through the devices that connect us and teach us. ♪ we'd see that almost 100% of medical plastics are made from oil and natural gas. ♪ and an industry that supports almost 10 million american jobs. life takes energy. and no one applies more technology to produce american energy and refine it more efficiently than exxonmobil. because using energy responsibly has never been more important. energy lives here. ♪ adt can help you turn on a few lights. ♪ access cameras from anywhere to help you keep an eye on things. ♪ even bring family in from the cold when you're not there. now get the advanced technology of adt starting at just $79 plus a camera at no additional charge. with adt, you get 24/7 fast response monitoring that helps protect you from burglary, fire, and high levels of carbon monoxide. plus remote access to your home. even control your thermostat to help save energy. get adt installed starting at just $79.
, a nice move in oil today, in fact, all the energy contracts were muscling up today. >> absolutely. teddy's talking about a correction in the stock market, we had our correction last week down to 92.50, and the market held unbelievably. so look at that. we bounce from 92.50, we're at 95 and change. so, obviously, that that's good. we're talking about supplies here. also we're going to have draws in supplies. the first time in 11 weeks we're looking for 700,000 in crude oil, so maybe that could be a trend. also if we get more than the 700,000, we could have another $2 rally tomorrow. and let's not forget in december a lot of the books are closed, it might be a really -- on light volume, we might get a really nice rally going on light volume. liz: okay. ira says watch out for the inventory numbers, anything bigger than a 700,000 barrel drawdown -- that'll totally change things. good to see all of you. thank you for joining us on the floor show. we appreciate it. >> awesome. liz: closing bell -- exactly, awesome. so glad you're with it right now because we have another 53 minutes to -- 52 mi
, from alternative tobacco products, we turn to alternative energy. in the world of energy, the holy grail is a power source that's inexpensive and clean with no emissions. many start-ups in silicon valley are working on it. and one of them is bloom energy. they want to put a little power plant in a box literally in your backyard. for nearly a decade, the company had been unusually secretive about its bloom box. but in february 2010, its inventor, k.r. sridhar, invited me to take a look inside his much talked about but never before seen creature. what could this power? >> this could power a u.s. home. average united states home. >> entire house? >> entire house, 24/7, 365. >> something that small? >> the way we make it is in two blocks. this is a european home. the two put together is a u.s. home. >> [chuckling] 'cause we use twice as much energy, is that what you're saying? >> yeah, and this will power four asian homes. >> so four homes in india, your native country. >> absolutely. four to six homes in our country. >> it sounds awfully dazzling. >> it is real. it works. >> he says h
lanes sparking the fire. >> energy drinks could give you wings but what did they do to your heart? the results of a study you may want to hear. >> the meet that could determine the future of dozens who call treasure island home. >> the thief that made off with >>> this holiday season, we invite you to help us feed the bay area visiting the facebook page on abc and take the pledge "give where you live." we will donate a dollar in your honor to the bay area speeding america food bank up to $75,000. everyone who takes the pledge will be entered to win $7,000. the winner is announced december 19, so join us, and give where you live. >> two dozen families living on yerba buena island will learn more about the navy's removal of toxic chemicals in the ground below their homes. 24 rental units have when doled they may have to relocate while the navy cleans up the area. the chemicals are from the naval base on the island saying it is still safe to live there because the low level chemicals are buried and not accessible but the clean up project is not related to radiation measurements take
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